eToro Experience & User Review
eToro USER RATING
Are you actively trading at this Broker or did you stop trading there?
Give us your overall rating of the Broker and help us and others to decide which broker to choose.
BrokerCheck eToro Review
Order & Support Speed
What we liked about eToro
eToro is THE major player when it comes to social trading. If you are interested in profiting from social trader portfolios or want to earn extra cash by publishing your trading ideas – there is probably no way around eToro. They offer many crypto currencies and stocks. Their % of successful traders is probably one of the highest of every CFD Broker.
Social Trading Platform
Many Crypto Currencies
Many Stocks available
Many successful Traders
What we disliked about eToro
Their size has been their biggest weak point for a couple of months now. It seems like eToro is on its way of recovering but due to the high influx of new customers their service/support was really lacking. So far the fees for withdrawal have been another negative point.
Fees for withdrawal
Bad Service experiences reported
No Futures available
No US Traders allowed
BrokerCheck Review of eToro
Due to the very strong user growth of eToro, the support and service has fallen by the wayside (Our experience in 2018). There has been too little investment in manpower to cope with the rush. Since a broker should react very quickly to inquiries, there is a clear deduction in the rating here. However, the very large selection of financial products has a positive effect. Unfortunately, the cost structure is not always very transparent and can still be expanded. Also there are fees (10-40€) for withdrawing money from eToro accounts. All in all, eToro is mainly recommended for its social trading platform features. As a pure CFD broker, eToro is less suitable, there are better alternatives.
eToro has slashed the spread costs of many crypto currencies, which makes trading more competitive. A good step for traders.